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Government expects to close fiscal year 2026 with a $59 million deficit

First seen: Aug 25, 2026, 1:17 PM UTCUpdated: Aug 25, 2026, 2:02 PM UTC

Officials project that the government will end fiscal year 2026 with a $59 million deficit. The headline does not specify the country.

A fiscal deficit can increase borrowing needs and constrain future public spending, though the wider impact is unclear.

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